Canara Bank Bengaluru

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About  Canara Bank

Canara Bank was set up in 1906 in the small town of Karnataka named Mangalore. The bank has developed since then and has opened many branches across the country. The bank has moved a long way since its operational and with the help of technology, it has succeeded to make an impact in the overall growth of the country. The main focus of the bank is to achieve the customer satisfaction. The bank was established with the motto to inculcate the habit of saving among the people and help the needy. The bank still looks up to those ideologies and wants to make sure that people from all walks of life get the benefit of the banking facilities. The bank is thriving to make the mark internationally by providing the best and efficient services to its customers through the vibrant, enthusiastic and professional work- force.

Canara Bank has included all types of the services and took the first step among other banks to introduce the credit card for farmers and likewise, there are a number of achievements of the bank that they have done in the past century. The bank is striving hard to maintain its customer base and works with the ethics and values. The aim of the bank is to reach to as many people as possible and pursue the benchmark set globally with utmost dedication and enhance the money of the customer and its shareholder.  

Address of Canara Bank Branches in Bengaluru

Branch Name AddressIFSC Code MICR Contact Details   
Bs&Ca Section, Ho, BangaloreCanara Bank, 112, J C Road, Head Office, Bangalore - 560001CNRB0000401560015997080-22238867
Bangalore Avenue Road102, 103, 104 - 110, Pb No 6588, Avenue Road, , Bangalore 560002CNRB0000402560015005080 - 2215925
Bangalore BasavanagudiPb No.493, 180/1, Gandhi Bazar, Basavanagudi, Bangalore 560004CNRB0000403560015032080 - 26522933
Bangalore Cantonment88, Mahatma Gandhi Road, , Cantonment, , Bangalore 560001CNRB0000404560015009080 - 25589502
Bangalore ChamrajpetNo.6, 2nd Main 2nd Cross, , Chamrajpet, , Bangalore 560018CNRB0000405560015010080 - 2527704
Bangalore Chickpet126 To 129, Balepet/Chickpet, (NEXT To Udupi Krishna Bhavan), BangaloreCNRB0000406560015011080 - 22871182
Bangalore Fraser Town86/3, Coles Road, , Frazer Town, , Bangalore 560005CNRB0000407560015017080 - 25363723
Bangalore Jayanagar Shop CompPb No.1611, Jayanagar Shopping, Complex, Eastern Side, , Bangalore 560011CNRB0000408560015030080 - 26630751
?bangalore MalleswaramPb No.307, 38 & 39, , Vth Cross Rd, Malleswaram, Bangalore 560003CNRB0000409560015072080 - 23444636
Bangalore Narasimharaja RoadPb No.6668, Jamia Complex, , Narasimharaja Road, , Bangalore 560002CNRB0000410560015041080 - 26701637
Bangalore Rajaji Ngr Iii Block628, 629, Iii Block, , Rajajinagar, , Bangalore 560010CNRB0000411560015047080 - 23350732
Bangalore MajesticWorld Trade Centre, , Fkcci Building, K G Road, , Bangalore 560009CNRB0000412560015071080 - 22268446
Bangalore Town HallP B No.6867, 112, J.C. Road, Bangalore 560002 CNRB0000413560015058080 - 22238186
Bangalore VisweswarapuramP B No.490, 550, Diagonal Rd, , Visweswarapuram, Bangalore 560004CNRB0000413560015058080 - 26619038
Bangalore Hal 2nd StageNo.22, I Floor, 80 Feet Road, , H A L Iii Stage, Bangalore 560038CNRB0000415560015019080 - 25291328

Products Offered by the Canara Bank in Bengaluru

Canara Bank has been successful in providing the world- class products and services to the customer since a century and still continues to be one of the best in customer satisfaction. The bank offers all kind of loan products and all the latest services to cater the needs and requirement of the different section of te society. The products offered by the Canara bank are the home loan, fixed deposit, loan against property, personal loan, gold loan etc.

Basic details about Canara Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe age of the applicant should be between 18 - 65 years

Salaried individuals with minimum 3 years experience

Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years
For salaried Individuals - Up to 4 years gross salary
Self-Employed Individuals & Business person- Up to 4 years gross annual income

For repairs & renovations - Up to ₹ 15 lacs

8.65% - 8.75%

0.50% of the loan amountUp to 30 years or until attaining age of 70 years
Personal LoanPermanent employees of reputed PSUs and Joint Stock Companies
Confirmed Central / State Government officials
Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities

The salary account of the employee should be maintained with the branch
The minimum net salary should not be less than 25% or Rs.10,000/- per month whichever is higher
Salaried - 6 month’s gross salary or ₹ 3,00,000 whichever is lower10.75% - 13.75%0.5% of the loan amountUp to 5 years
Vehicle LoanEligible Segments - Individuals, professionals, reputed firms and companies

Minimum annual gross salary of the individuals should ₹ 3 lacs

The non-individuals candidates should have minimum gross income of ₹ 3 lacs per month
New Car - No maximum limit

Used Car - 75% of the agreed value

8.75% - 8.95%

0.25% of the loan amountFor new vehicles - 7 years

For used vehicles - 5 years
Loan Against PropertyExisting customers having satisfactory dealing with the bank

New customers with healthy credit history
Up to 50% of the property value or maximum ₹ 10 crores9.95 - 14.90% p.a.1% of the loan amountUp to 7 years
Gold LoanExisting Saving Bank customers or new customers properly introducedMinimum - ₹ 10,00,000

Maximum - ₹ 10,00,000
11.75% p.a.1% of the loan amountWithin 12 months
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
HUF
Partnership Firm
A company
Association or any other Institution
Minimum - ₹ 1,000
Maximum - No predetermined limit
4.20% - 7.25%-15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

The documents required by Canara Bank Bengaluru for different products are mentioned in the table below:

ProductsDocuments Required
ProductLoan Application with 2 passport size photos of applicant / guarantor
Sale Deed
Agreement for Sale
Copy of the approved plan for the proposed construction/extension/addition
Detailed cost estimate/valuation report from Bank's Panel Chartered Engineer/Architect
Allotment letter of Co-operative Housing Society/ Apartment Owners' Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
Salary Certificate and Form No.16 (in case of salaried persons)
IT Returns filed for the past two years (in case of non-salaried persons)
A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed)
Balance Sheet and P&L Account for the past three years (in case of self-employed)
Home LoanLoan Application with 2 copies of passport size photographs
Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years.
Co-obligation
Pronote /Pro-note Covering Letter
Personal LoanProof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹  4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR
Bank Statement: Last 6 months
Vehicle LoanDuly filled Loan Application with passport size photographs - 2 copies each
Copy of lease deed
Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns
Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report
Approved plan of building
Certificate of balance if finance is availed against property from any other source
Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals)
Loan Against PropertyApplication for Swarna Loan
Certificate by the Jewel Appraiser
Salary Certificate and Form No.16 / Income Proof
Gold LoansApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.
Fixed DepositApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.

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